Added to YB: 2026-08-31
Pitch date: 2026-08-28
SPR.L [neutral]
Springfield Properties Plc
Author Info
Small Caps. Big Bags. shares research-driven insights into underfollowed AIM stocks with asymmetric return potential. Sign up for the newsletter.
Company Info
Springfield Properties Plc, together with its subsidiaries, engages in the residential housebuilding and land development in the United Kingdom.
Market Cap
GBP 132.0M
Pitch Price
N/A
Price Target
N/A
Dividend
1.81%
EV/EBITDA
6.62
P/E
9.23
EV/Sales
0.62
Sector
Household Durables
Category
turnaround
July & August Portfolio Update: Back on the Mission - Springfield Properties - Top Up
SPR.L (hold): Held at a full position size as the asset-backed recovery and re-rating case has strengthened. A £12m land sale funded the final £6.5m Mactaggart & Mickel payment, eliminating that obligation after net bank debt had already improved from £93.4m in late 2023 to roughly £1m net cash by May. A proposed buyback reinforces the appeal while the shares remain below tangible book value.
Read full article (2 min)